What is the deadline for tax return in Australia?

31 October
If you’re lodging your own tax return, you need to lodge it by 31 October each year. If 31 October falls on a weekend, the due date to lodge your tax return is the next business day after 31 October.

Can I submit tax returns for previous years?

If you are due a refund for withholding or estimated taxes, you must file your return to claim it within 3 years of the return due date. The same rule applies to a right to claim tax credits such as the Earned Income Credit.

What is the due date for tax returns in Australia in 2021?

31 October 2021
Tax return for all individuals and trusts where one or more prior year tax returns were outstanding as at 30 June 2021. Tax return for clients prosecuted for non-lodgment of prior year tax returns and advised of a lodgment due date of 31 October 2021.

What is the last date to lodge tax return 2021?

You should finish your 2020-21 tax return between 1 July 2021 and 31 October 2021. We recommend lodging your tax return during July or August.

What happens if you haven’t done your taxes in years Australia?

Even though it’s not common, the ATO can and does prosecute for failing to lodge tax returns. The maximum penalty which can be applied on prosecution is now $9,000 or imprisonment for up to 12 months.

What happens if you submit tax return late?

The Failure to File Penalty is 5% of the unpaid taxes for each month or part of a month that a tax return is late. The penalty won’t exceed 25% of your unpaid taxes.

What is the deadline for paying taxes in 2022?

April 18, 2022
April 18 tax filing deadline for most The filing deadline to submit 2021 tax returns or an extension to file and pay tax owed is Monday, April 18, 2022, for most taxpayers. By law, Washington, D.C., holidays impact tax deadlines for everyone in the same way federal holidays do.

When can I submit my tax return 2022 Australia?

July 1
Australians can begin to lodge their tax returns from July 1.

When can I lodge my tax return 2022 Australia?

This will ensure your clients’ tax returns are correct and will prevent delays in processing. The lodgment due dates for your clients will be available in Online services for agents by the end of July 2022. We will start full processing of 2021–22 tax returns on 7 July 2022.